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FMCG, consumer durables cap losses.
Gain in FMCG shares add to the meomentum.
The 30-share BSE Sensex jumped 597.77 points to hit a new lifetime high of 80,039.22.
Among the 30 Sensex companies, Power Grid, Axis Bank, State Bank of India, Bajaj Finserv, Reliance Industries and NTPC were the biggest gainers.
Reserve Bank of India revised upwards the GDP growth to 7.2%
A sharp rally in blue-chip stocks propelled the indices to lifetime high levels.
Major national surveys predicted massive win for BJP-led NDA in LS polls.
TCS shares tumbled 4.37% to Rs 3,971 on NSE, while it plunged 4.03% to Rs 3,977.55 on BSE.
Metal, energy and power stocks witnessed selling pressure while buying in auto and consumer durable counters capped the losses.
A total of 1,904 shares have advanced, 1,427 shares declined, and 148 shares were unchanged.